Guardian group cashes in with £1.5bn Auto Trader float
Saturday, May 6th, 2006
Guardian Media Group, the publisher of The Guardian and The Observer, is to float its Auto Trader motoring magazines in a move that could value the business at about £1.5bn.
GMG said it wanted to diversify its holdings and Trader Media Group represented too large a part of its assets. The money raised from listing a […]